Karis Project
- Assets
- $42.0k
- Revenue
- $102.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Weyers Cave, VA
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 45-2970811
Organization Overview
Karis Project is located in Weyers Cave, VA. The organization was established in 2014. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karis Project is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Karis Project generated $102.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $95.0k during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
KARIS IS A NON-PROFIT ORGANIZATION COMMITTED OUT OF GRATITUDE FOR GOD'S GRACE AND LOVE, TO HELP OTHERS WITH KINDNESS, LOVE AND COMPASSION BY OFFERING A CARING PLACE THAT FOSTERS CHANGES IN THE LIVES OF PEOPLE IN RESPONSE TO GOD'S CREATIVE WORK IN US.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKYLINE LITERACY - PROVIDE INSTRUCTION, BASED ON NEED, IN VARIOUS LITERACIES FOR ADULTS, USING TRAINED, QUALIFIED INSTRUCTORS AND VOLUNTEERS. ALSO HAVE A CITIZEN PREPARATION CLASS.
BRIDGE OF HOPE - TRAINS AND EQUIPS LOCAL COMMUNITY TO RESPOND TO HOMELESSNESS IN PACTICAL, TANGIBLE, AND NEIGHBORING WAYS.
STAUNTON-AUGUSTA CHURCH RELIEF ASSN. - PROVIDES EMERGENCY FINANCIAL ASSISTANCE
VALLEY PASTORAL CENTER - 3,000 WEST RICHMOND CHURCH OF THE BRETHREN - 2,900 CREATIVE WORKS FARM - 5,000 BLUE RIDGE CASA - 5,000 LOVE IN THE NAME OF CHRIST - 3,000 FAMILY LIFE RESOURCE CENTER - 5,000 BRETHREN WOODS - 1,000 HELP EQUIPMENT LOAN PROGRAM - 3,500 SHENANDOAH DISTRICT DIASTERS RELIEF - 2,000 THE ARC OF AUGUSTA - 2,500 PLEASANT VALLEY PRESCHOOL - 960 ST. FRANCIS MINISTRY -HAITI OUTREACH- 5,000 MIDWIVES FOR HAITI - 5,000 CAMP STILL MEADOWS - 4,000 THE CINDERELLA PROJECT - 800 MENTAL HEALTH AMERICA-AUGUSTA - 5,000 VALLEY CHILDREN'S ADVOCACY - 3,000 CHURCH OF THE BRETHREN - 5,000
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Millard Driver Secretary | OfficerTrustee | 8 | $0 |
Teri Sumey Chairperson | OfficerTrustee | 15 | $0 |
Dennis Miller Treasurer | OfficerTrustee | 12 | $0 |
Linda Greene Director | Trustee | 10 | $0 |
Linda Scrogham Director | Trustee | 8 | $0 |
Holly Ruff Director | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,200 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $100,266 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $102,466 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $79,660 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $700 |
| Office expenses | $2,916 |
| Information technology | $2,855 |
| Royalties | $0 |
| Occupancy | $4,152 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,099 |
| Insurance | $1,360 |
| All other expenses | $529 |
| Total functional expenses | $95,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,447 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $208 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,338 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $41,993 |
| Accounts payable and accrued expenses | $3,422 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,422 |
| Net assets without donor restrictions | $38,571 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $41,993 |
Grants Awarded
Over the last fiscal year, Karis Project has awarded $13,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Harrisonburg, VA PURPOSE: EMERGENCY ASSISTANCE | $7,000 |
SKYLINE LITERACY PURPOSE: LITERACY PROGRAMS | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Karis Project has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Houff Charitable Foundation Weyers Cave, VA PURPOSE: MISSION WORK | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodbine Community Organization Wco Inc Nashville, TN | $99,872,484 | $15,160,345 |
Maryland Rural Development Corporation Annapolis, MD | $2,490,801 | $9,297,615 |
Religious Coalition For Emergency Human Needs In Frederick County Frederick, MD | $4,940,518 | $9,853,659 |
Stand For America Inc Washington, DC | $2,847,990 | $8,607,198 |
National Association Of Professional Employer Organization Alexandria, VA | $9,490,281 | $8,665,299 |
Virginia Beach Community Development Corporation Virginia Beach, VA | $35,346,329 | $7,614,457 |
Community Revitalization And Reservation Corporation Raleigh, NC | $42,174,048 | $6,127,827 |
Clinch Valley Community Action Inc North Tazewell, VA | $3,516,619 | $7,158,606 |
Northwest Tennessee Development Martin, TN | $5,677,713 | $7,068,049 |
New River Community Action Inc Radford, VA | $2,771,237 | $7,058,582 |
Oasis Center Inc Nashville, TN | $8,797,706 | $7,228,064 |
National Main Street Center Inc Washington, DC | $6,729,426 | $9,101,387 |